If a Road Is Congested, Then Use of That Road

question 356

Multiple Choice

If a road is congested, then use of that road by an additional person would lead to a

• A)negative externality.
• B)positive externality.
• C)Pigovian externality.
• D)free-rider problem with rush hour drivers stuck in traffic.

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Definitions:

Anal Phase

The second stage in Freud's psychosexual development, focusing on bowel and bladder elimination and control issues.

Self-Serving Bias

The common tendency to attribute positive events to one's own character but attribute negative events to external factors.

Better-Than-Average Effect

The cognitive bias where individuals overestimate their own qualities and abilities compared to others.

Displacement

A psychological defense mechanism in which emotional impulses are redirected from a real object to a safer, substitute target.